Preschool Market In India to Reach $ 3.27 bn by 2024, EuroKids International Pvt. Ltd., Founding Years Learning Solutions Pvt. Ltd., and Zee Learn Ltd. Emerge as Key Contributors to Growth | Technavio

LONDON–(BUSINESS WIRE)–#PreschoolMarketinIndia–Technavio has been monitoring the preschool market in India and it is poised to grow by USD 3.27 bn during 2020-2024, progressing at a CAGR of almost 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

• What are the major trends in the market?
  Personalized education programs and advanced services offered by a few vendors is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 17.20% and the incremental growth of the market is anticipated to be $ 3.27 bn.
• Who are the top players in the market?
  EuroKids International Pvt. Ltd., Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd., The Banyan, Tree House Education & Accessories Ltd., WeCare Learning Pvt. Ltd., and Zee Learn Ltd., are some of the major market participants.
• What is the key market driver?
  The increasing participation of women in the labor force is one of the major factors driving the market.
• How big is the Urban market?
  The urban area segment will contribute 94% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. EuroKids International Pvt. Ltd., Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd., The Banyan, Tree House Education & Accessories Ltd., WeCare Learning Pvt. Ltd., and Zee Learn Ltd. are some of the major market participants. The increasing participation of women in the labor force will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Preschool Market in India 2020-2024: Segmentation

Preschool Market in India is segmented as below:

• Area
  • Urban
  • Rural
• Age Group
  • Children Aged 3-6 Years
  • Children Aged Below 3 Years

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Preschool Market in India 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The preschool market in India report covers the following areas:

• Preschool Market in India Size
• Preschool Market in India Trends
• Preschool Market in India Industry Analysis

This study identifies the personalized education programs and advanced services offered by a few vendors as one of the prime reasons driving the preschool market growth in India during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Preschool Market in India 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist preschool market growth in India during the next five years
• Estimation of the preschool market size in India and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the preschool market in India
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of preschool market vendors in India

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• Preface
• Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis
• Value chain analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: CUSTOMER LANDSCAPE

PART 07: MARKET SEGMENTATION BY AREA

• Market segmentation by area
• Comparison by area
• Urban – Market size and forecast 2019-2024
• Rural – Market size and forecast 2019-2024
• Market opportunity by area

PART 08: MARKET SEGMENTATION BY AGE GROUP

• Market segmentation by age group
• Comparison by age group
• Children aged 3-6 years – Market size and forecast 2019-2024
• Children aged below 3 years – Market size and forecast 2019-2024
• Market opportunity by age group

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Rising trend of high-value services
• Rising trend of corporate playschools
• Increased emphasis on teacher training

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• EuroKids International Pvt. Ltd.
• Founding Years Learning Solutions Pvt. Ltd.
• Globetrotters Kids
• S.K. Educations Pvt. Ltd.
• SHEMROCK Group of Preschools
• Smartkidz Educare India Pvt. Ltd.
• The Banyan
• Tree House Education & Accessories Ltd.
• WeCare Learning Pvt. Ltd.
• Zee Learn Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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